Overview

The Ternary Forecasting engine provides a flexible time period granularity, allowing you to view your cost breakdown by days, weeks, or months, with a trend-based forecast for the selected period. The forecast calculation leverages a customizable lookback period, ranging from 30 days to 12 months, to analyze historical spending patterns and generate accurate cost predictions. Additionally, you can define a lookahead range of 1 to 24 months, offering greater visibility into future spending trends.

How it works

By default, the forecast includes all cost data from your configured cloud service providers, with a detailed breakdown by category and service description to help identify top spend drivers. The current period’s actual cost is displayed in a darker color, while the forecasted cost appears in a lighter shade for clear visual distinction.

Inside the graph, you can view the current month or change the view to include your Lookback range.

You can refine your analysis by adjusting groupings, cost metrics, or filtering by specific vendors.

Above the chart, key performance indicators (KPIs) provide quick comparisons, including current period-to-date spend vs. previous period-to-date spend, estimated total spend vs. previous total spend, and forecasted spend vs. the average of the previous 3 months.

The table below the chart dynamically updates based on your vendor, grouping and cost parameters and can be exported as a CSV file. It includes the selected groupings, current period spend, estimated total spend, and the estimated delta spend for further analysis.